The USD/CNH currency pair is expected to trade within a narrow range of 6.9650 to 6.9800, according to analysis from UOB Group. This outlook reflects a more stable exchange rate environment for the US Dollar against the Chinese Yuan, suggesting limited volatility in the short term as traders monitor macroeconomic indicators.
Looking ahead, UOB's FX analysts, Quek Ser Leang and Peter Chia, anticipate that the USD will maintain a neutral stance but could shift to a lower trading range between 6.9520 and 6.9900. This adjustment indicates a potential recalibration in investor sentiment and market dynamics, influenced by ongoing economic developments and policy decisions.
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Data Source: FX Killer Analysis Team Updated: 2026-01-14 11:21
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.